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Dell officially goes private, says focus is on you
Michael Dell's acquisition of his namesake company is now complete. The purchase under Dell and investment firm Silver Lake Partners was valued at $24.9 billion and, as Dell said during a September investor's call, the company is committed to innovation and customer service as a newly private company. He reiterated that point in a statement today, saying, "Our 110,000 team members worldwide are 100 percent focused on our customers and aggressively executing our long-term strategy for their benefit." In the lead up to the deal, Dell seems poised to re-focus the business around emerging markets, enterprise R&D and acquisitions, and the PC, tablet and virtual computing space. The move to privatize comes after multiple quarters of dwindling profits and lackluster tablet sales for one of the World's biggest PC makers. Credit: Getty Images
